Race Horse Investment
If your cashed up and looking for something very different to the usual investments in shares, real estate, new companies etc then race horse investing could be for you. If your already a keen racing punter this venture could be of even more interest, as you could be backing your own horse to win and doubling the excitement of horse racing.
Although many people invest large amounts of money into horses, if your only looking to profit maybe you should look else where as the more common scenario is that you'll walk away with no return at all. Horse racing is a hard game to win with a large percentage of horses winning less than $1000 a year and usually only 1-2% winning any decent amount of prize money. So why do people invest in horses with so little return? because of the excitement and the perks they get at the track, especially when their horse wins.
The Ups and Downs of Owning a Racehorse
"Welcome to the world of thoroughbred investing. Yes, regular folks have a chance to own racehorses, no equine experience necessary. But don't do this for the money -- your odds are better as a bettor. "We tell people right off the bat that you should be prepared to never see the money you put up again," says Jack Sadler, vice-president of Dogwood Stable, in Aiken, S.C., a pioneer of thoroughbred partnerships".
Yahoo Finance Weekend
# Wealth & Money
Although many people invest large amounts of money into horses, if your only looking to profit maybe you should look else where as the more common scenario is that you'll walk away with no return at all. Horse racing is a hard game to win with a large percentage of horses winning less than $1000 a year and usually only 1-2% winning any decent amount of prize money. So why do people invest in horses with so little return? because of the excitement and the perks they get at the track, especially when their horse wins.
The Ups and Downs of Owning a Racehorse
"Welcome to the world of thoroughbred investing. Yes, regular folks have a chance to own racehorses, no equine experience necessary. But don't do this for the money -- your odds are better as a bettor. "We tell people right off the bat that you should be prepared to never see the money you put up again," says Jack Sadler, vice-president of Dogwood Stable, in Aiken, S.C., a pioneer of thoroughbred partnerships".
Yahoo Finance Weekend
# Wealth & Money

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